West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 15, 2026 is estimated to be $227 Million, with a cash option of 96.3 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of West Virginia, your state will take 6.5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

West Virginia MEGA Millions Jackpot/Cash Option for Tue Sep 15, 2026

Draw Date	Jackpot	Cash Option
Tue Sep 15, 2026	$227,000,000	$96,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$96,300,000
Federal Tax(24%)	$23,112,000
Additional Federal Tax	$12,479,330
State Tax(6.5%)	$6,259,500
Net Lumpsum Payment	$54,449,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,416,577	-$1,224,464 -$222,078	$1,970,035
2	$3,587,508	-$1,287,708 -$233,188	$2,066,612
3	$3,766,838	-$1,354,060 -$244,844	$2,167,934
4	$3,955,248	-$1,423,772 -$257,091	$2,274,385
5	$4,152,965	-$1,496,927 -$269,943	$2,386,095
6	$4,360,670	-$1,573,778 -$283,444	$2,503,448
7	$4,578,590	-$1,654,409 -$297,608	$2,626,573
8	$4,807,633	-$1,739,155 -$312,496	$2,755,982
9	$5,048,026	-$1,828,100 -$328,122	$2,891,804
10	$5,300,450	-$1,921,497 -$344,529	$3,034,424
11	$5,565,359	-$2,019,513 -$361,748	$3,184,098
12	$5,843,661	-$2,122,485 -$379,838	$3,341,338
13	$6,135,810	-$2,230,580 -$398,828	$3,506,402
14	$6,442,714	-$2,344,135 -$418,776	$3,679,803
15	$6,764,827	-$2,463,316 -$439,714	$3,861,797
16	$7,103,057	-$2,588,461 -$461,699	$4,052,897
17	$7,458,085	-$2,719,822 -$484,776	$4,253,487
18	$7,831,046	-$2,857,817 -$509,018	$4,464,211
19	$8,222,621	-$3,002,700 -$534,470	$4,685,451
20	$8,633,718	-$3,154,806 -$561,192	$4,917,720
21	$9,065,472	-$3,314,555 -$589,256	$5,161,661
22	$9,518,791	-$3,482,283 -$618,721	$5,417,787
23	$9,994,583	-$3,658,326 -$649,648	$5,686,609
24	$10,494,437	-$3,843,272 -$682,138	$5,969,027
25	$11,019,034	-$4,037,373 -$716,237	$6,265,424
26	$11,570,190	-$4,241,301 -$752,062	$6,576,827
27	$12,148,586	-$4,455,307 -$789,658	$6,903,621
28	$12,756,038	-$4,680,064 -$829,142	$7,246,832
29	$13,393,908	-$4,916,076 -$870,604	$7,607,228
30	$14,063,558	-$5,163,847 -$914,131	$7,985,580